index tax evasion

[Link] Australian cryptocurrency investors can’t be trusted to keep transaction records themselves, the ATO says

Read: 24/11/2021 www.businessinsider.com.au

As first-time investors continue their rush on cryptocurrencies, the Australian Taxation Office (ATO) says it can no longer rely on taxpayers to navigate the complex world of income tax, capital gains, and blockchain record keeping on their own.

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[Link] Elon Musk and Jeff Bezos Have Completely Lost It on Twitter

Read: 8/11/2021 www.vice.com

Bezos, the Amazon founder whose net worth is around $200 billion, implied that he would personally throw actor Leonardo DiCaprio off a cliff in a tweet.

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[Link] Adelaide father-of-three Joshua Luke Matheson handed five-year jail term over $500k tax fraud

Read: 7/11/2021 www.abc.net.au

An Adelaide man who made up employers and income to defraud the Australian Tax Office out of half a million dollars has been jailed for five years. Joshua Luke Matheson, 34, was found guilty by a jury of dishonestly obtaining and attempting to dishonestly obtain a financial advantage by deception.

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[Link] House Democrats Back Off Targeting Billionaire Tax Schemes and Swap in New Nicotine Levy

Read: 6/11/2021 theintercept.com

A new version of the Build Back Better Act that the House Rules Committee released Wednesday was amended to protect tax avoidance schemes used by the ultrawealthy in their estate planning.

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